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The Procurement Act, brought in under the previous government and effective from February 2025, will bring in a new public sector procurement regime. Simplified regulations, greater transparency and enhanced exclusion criteria could all help improve accountability.

But there are also risks. New requirements could impose more demands on already stretched resource inside and outside government. The Cabinet Office and central government departments, through small contracting authorities in the wider public sector, must be ready to adapt to the new regime.

This joint Institute for Government, Tussell and AutogenAI report sets out the scale of public procurement, and potential opportunities for insourcing in the IT and management consultancy sectors – then looks at how accountability in procurement works in practice, how the Procurement Act will change this, and the opportunities and risks for the new government to grasp in the months ahead.

Read full report

Source: Institute for Government

Date: 25 September

Posted in News on Sep 25, 2024

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